Thread: Gold
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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analysis for today 7 / 10 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 7 / 9 / 2014
OPEN 1318.87
HIGH 1331.79
LOW 1317.61
CLOSED 1327.54
The third resistance (R3) 1331.79 - ( 1325.65 - 1317.61 = 8.04 x 2 = 16.07 )= 1347.86
The second Resistance (R2) 1325.65 + 1331.79 - 1317.61 = 1339.83
First resistance (R1) 1325.65 x 2 = 2651.29 - 1317.61 = 1333.68
pivot points 1331.79 + 1317.61 + 1327.54 = 3976.94 / 3 = 1325.65
Support for the first (S1) 1325.65 x 2 = 2651.29 - 1331.79 = 1319.50
Support second (S2) 1325.65 - ( 1331.79 - 1317.61 = 14.18 ) = 1311.47
Third Support (S3) 1317.61 - ( 1331.79 - 1325.65 = 6.14 x 2 = 12.29 )= 1305.32
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
If you use channel indicator to analyze the market then you can easily indicate that the price was at resistance whith is the Red line on the TMA indicator and this is a bearish signal that can be used to sell the XAUUSD pair today .
A new Yellow and Pink point appears on the chart to tell us that there is a good chance for the price to move down through the day .
By the way a Green line is now shown on the timig indicator to notice a buy condition for the current time and it is also near the level of 70 .
Finally selling can be a choise for today as long as you can find a confirmation on the timing indicator or an opposite signal didn't appear on the chart .
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
We can find a bullish trend on the XAUUSD chart by getting the blue color of the golden tendency string indicator .
There is another sign for upward appears on the golden finger indicator that shows a blue dot at the bottom of the chart that is a good sign for going north and for more confirmation there is a blue candle made by the golden super K indicator.
A bearish trend signal can be indicated on MACD because you can find a sell cross above the level of 0.
I think that the resistance 1328.44 is a strong resistance and it is a good place to use the take profit.
The golden varitey indicator has 3 up signals of four as total which indicate a bullish signal that increase the chance of getting a strong upward trend.
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
A bullish signal is now live on the Histogram indicator to show a possibility of Upward trend for the XAUUSD chart.
Also there is a green line shown on the Market emotion indicator to indicate a positive signal about the market for the current day.
In additional you can see the Green bar formed at the Guru indicator which located above the 0 level then it can be counted as a bullish trend signal on the short term.
Now a quick look on the chart will cause you to find the bullish intersection between the EMA9 and EMA152 to inform you about a buy trade to take a place.
After the previous signals then I guess a bullish trend to occur on this day and I think according to that the target of buy trades can be set to 1327.6 as you can recognize it as the nearest resistance to the current prices.
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
you can see that the zigzag indicator forms a TOP as the last signal at 1331.93 on the XAUUSD .
Also the price is now moving near the boolinger babds HIGHER level which may be a good signal for going south at the current day .
By taking a look at RSI you can monitor that the RSI showing a value of 61 and heading to the 70 th level by now .
And about the stostatic the price is now near 80 level with a value of 74 which can be a good sell level.
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
My forecasting for today on the XAUUSD shows that the price is currently moving downwards through the down channel as you can see .
Awesome oscillator is a good indicator to avoid side trend market and it is currently showing a buy signal by getting a green bars located above the 0 th level to indicate a bullish trend .
Now when you take a close look to the chart you can see that the price hit the high edge of donchin channel which can be a good bearish signal till the price be able to hit the low edge of it .
Finally another sell condition is shown by getting down cross at the stostatic indicator and the two lines is almost at level of 80 .
To finish the forecasting I gess that you can consider a bearish trend on the short term and then sell orders can take place as soon as you can see clear signals on both awesome oscillator and stostatic .
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
दोस्तों धन्यवाद हिंदी में पोस्ट करने के लिये कृपया हिंदी को बचाने में सहयोग करें। आज आपका एक कदम कल हिंदी को खत्म होने से बचा सकता है। आगे आएं और हिंदी में पोस्ट करे लिखे और जवाब दें। जय हिंद !! धन्यवाद ।।।
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